Convert Chinese Renminbi Yuan CNY to Hermes Protocol HERMES
1 CNY converts to 500.91 HERMES
About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is CN¥0.001996 per HERMES. With a circulating supply of 162,203,446.901 HERMES, it means that Hermes Protocol has a total market cap of CN¥326,712.29. The amount of Hermes Protocol traded has fallen by -CN¥43.56 in the last 24 hours, which is a 66.24% decrease. Additionally, in the last day, CN¥65.76 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is CN¥0.001996 CNY. In other words, to buy 5 Hermes Protocol, it would cost you CN¥0.009982 CNY. Inversely, CN¥1.00 CNY would allow you to trade for 500.91 HERMES while CN¥50.00 CNY would convert to 25,045.25 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.04%. Meanwhile, in the last 24 hours, the rate has changed by 0.92%, and that the highest exchange rate of 1 HERMES to CNY was CN¥0.002022 CNY and the lowest 24 hour value was 1 HERMES for CN¥0.001976 CNY. Last month, 1 HERMES was worth CN¥0.002684 CNY. Today, it's down 25.29%. Looking back a year, Hermes Protocol has changed by CN¥0.02178 CNY. That means that in a single year, the value of Hermes Protocol has shrank by 90.27%.
Hermes Protocol Market Stats
What is the project about? Hermes DEX main goal is to let users and other decentralized protocols exchange both volatile assets (DAI to WETH for example) and stablecoins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Hermes is different, it uses liquidity pools like Uniswap. To achieve this, Hermes needs liquidity (tokens) which is rewarded by those who provide it. Hermes is non-custodial meaning the Hermes developers do not have access to your tokens. What makes your project unique? Stable coins have become an inherent part of cryptocurrency for a long time but they now come in many different flavors (DAI, TUSD, MIM, BUSD, USDC and so on) which means there is a much bigger need for crypto users to move from a stable coin to another. Centralized exchanges tend to have high fees which are problematic for those trying to move from a stable coin to another. As a result, Hermes Protocol has become the best place to exchange stable coins because of its low fees and low slippage. And Hermes also allows swaps with volatile assets. History of your project. Hermes Protocol officially launched in February 2022 and started emissions in March 2022. What’s next for your project? Introducing Yield and Concentrated Unified Liquidity Omnichain Marketplaces. Hermes V2 will offer multiple defi services compared to V1, while improving capital efficiency and user experience: - Bridge-less omnichain environment, powered with concentrated (Uni V3) and unified liquidity. - Decentralized Uniswap V3 Liquidity Management. - Uniswap V3 Liquidity Incentives. - Refined ve(3,3), becoming a fungible ERC-4626 - Improved UX and UI - Omnichain Yield marketplace What can your token be used for? Hermes token when staked for veHermes allows liquidity providers to take decisions on adding new gauges, boosting gauge yields, voting on token emission, and receive bribes.
Conversion tables
CNY to HERMES values from Today at
CN¥0.50 CNY = 250.45 HERMES |
CN¥1.00 CNY = 500.91 HERMES |
CN¥5.00 CNY = 2,504.53 HERMES |
CN¥10.00 CNY = 5,009.05 HERMES |
CN¥50.00 CNY = 25,045.25 HERMES |
CN¥100.00 CNY = 50,090.51 HERMES |
CN¥500.00 CNY = 250,452.55 HERMES |
CN¥1,000.00 CNY = 500,905.10 HERMES |
HERMES to CNY values from Today at 9:38 am
0.5 HERMES = CN¥0.0009982 CNY |
1 HERMES = CN¥0.001996 CNY |
5 HERMES = CN¥0.009982 CNY |
10 HERMES = CN¥0.01996 CNY |
50 HERMES = CN¥0.09982 CNY |
100 HERMES = CN¥0.1996 CNY |
500 HERMES = CN¥0.9982 CNY |
1,000 HERMES = CN¥2.00 CNY |
CNY to HERMES over time
CNY | Today | 24H -50,452.54% | 1M -37,263.39% | 1Y -4,591.96% |
|---|---|---|---|---|
0.5 CNY | 250.45 HERMES | 252.26 HERMES | 186.32 HERMES | 22.96 HERMES |
1 CNY | 500.91 HERMES | 504.53 HERMES | 372.63 HERMES | 45.92 HERMES |
5 CNY | 2,504.53 HERMES | 2,522.63 HERMES | 1,863.17 HERMES | 229.60 HERMES |
10 CNY | 5,009.05 HERMES | 5,045.25 HERMES | 3,726.34 HERMES | 459.20 HERMES |
50 CNY | 25,045.25 HERMES | 25,226.27 HERMES | 18,631.69 HERMES | 2,295.98 HERMES |
100 CNY | 50,090.51 HERMES | 50,452.54 HERMES | 37,263.39 HERMES | 4,591.96 HERMES |
500 CNY | 250,452.55 HERMES | 252,262.72 HERMES | 186,316.94 HERMES | 22,959.79 HERMES |
1,000 CNY | 500,905.10 HERMES | 504,525.44 HERMES | 372,633.87 HERMES | 45,919.59 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about CN¥0.001996.
Based on the current rate, you could get 500.91 HERMES for 1 CNY.
Hermes Protocol price has been on the rise. Since yesterday, the exchange rate of Hermes Protocol has increased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to CNY calculator at the top of this page to convert any amount of HERMES to CNY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNY is equivalent to 2,504.53 HERMES. Inversely, 5 HERMES will cost about CN¥0.009982
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including Laika, Kanagawa Nami, and Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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